News and articles
Auchan has opened its 18th fuel station
The Auchan Magyarország Kft. has opened its 18th fuel station, which now serves the customers of the Auchan supermarket in Szigetszentmiklós. The company's goal is to install a fuel station...
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Analysts: trade surplus remains massive
The Hungarian foreign trade continues to perform at a high level, but the analysts polled by MTI have varied opinions on the expansion dynamics. According to the data of the...
Read morePMI’s value decreased in July
The seasonally adjusted value of the July Purchasing Managers' Index was 50.0 percent, 4.9 percentage points lower than in June – the Hungarian Association of Logistics, Purchasing and Inventory Management...
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The Network Pharmacies Association recommends to facilitate the marketing activities of the pharmacies
The Network Pharmacies Association (Hálózati Gyógyszertárak Szövetsége HGYSZ) recommends a more flexible and permissive regulation within the pharmacies’ marketing activities. The proposals were sent to the Department of Human Resources...
Read moreThe tourism revenues of Budapest may increase with up to one billion euros in the medium term
In the medium term, the tourism revenues of Budapest may increase with up to one billion euros – according to the comparative study of the Roland Berger consulting firm, conducted...
Read moreThe number of tourists has increased in Romania by 15 percent in the first half of the year
In the first half of the year, the number of tourists in Romania increased by about 15 percent, compared to the same period of the last year – the Romanian...
Read moreThe web accommodation services increased demand for downtown apartments by 40 percent
The spread of the web accommodation services speeded the housing market up in the center of Budapest. The turnover in one year increased by 40 percent, while prices rose by...
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Spanish gastro-design the Museum of Applied Arts
The exhibition that opens on Thursday in the Museum of Applied Arts presents design works of art related to the typical Spanish gastronomy offers – the M1 news channel reported...
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GKI: On slowing trajectory
According to the forecast of GKI Economic Research Co., the growth rate of the Hungarian GDP will drop to 2.7 per cent in 2015, after its temporarily extremely fast rate...
Read moreLess but better quality wheat than last year
Farmers expect the wheat harvest to be around 4.5 million tons – less than the usual quantity but better quality. Experts of the Grain Producer’s Association – Hungary (GOSZ) reported...
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Tokaj Trading House ready to buy ten thousand tons of grapes
Tokaj Trading House Zrt. plans to buy 10,000 tons of grape and growers’ minimum revenue from this may be more than HUF 1.1 million per hectare. Price per kilogram can...
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The dairy sector can calculate with 43 billion forints
Next year the dairy sector will receive HUF 43 billion in funding, HUF 20 billion more than in 2010. In 2016 the sector will get transitional funds worth of HUF...
Read moreThe mountain village leader expects a similar grape yield to last year
Tornai Tamás President of the Mountain Village Wine Communities told Kossuth radio on Sunday that accurate estimation data will be communicated early next week. The mountain village leader about the...
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The Rossmann Magyarország Kft. expects an at least a double-digit growth result this year
The Rossmann Magyarország Kft. expects an at least a double-digit growth result this year, after last year achieved a record growth of 50 percent and 2.3 billion HUF after tax...
Read moreIt is worth to invest into quality wines
Investing in high-quality wines in Hungary is still a rarity, although a close to 30 percent yield can be achieved with it, which is higher than the annual yield of...
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The inflation of the Euro Zone and Germany was 0.2 percent in July
Euro Zone's annual inflation held steady at 0.2 percent in July, far below the European Central Bank (ECB)'s target and disappointing those who hoped monetary stimulus would provide a quick...
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NÉBIH: herbal tea bags were withdrawn from circulation
Due to its high content of senna, herbal tea bags they were withdrawn from the markets of fifteen EU member states, including Hungary – the National Food Chain Safety Office...
Read moreHalf a million people lose their jobs because of the counterfeiting of fashion items every year
Each year more than half a million people lose their jobs because of fashion forgery that causes approximately 13 trillion HUF damages in the European Union – the National Board...
Read moreThe VAT reduction did not hit a hole in the Romanian budget
Government revenues have not decreased, despite the June introduction of the discounted 9 percent VAT on food, catering and non-alcoholic drinks in Romania – Victor Ponta Romanian Prime Minister said....
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Top Gear crew contracted with Amazon
Jeremy Clarkson, Richard Hammond, and James May, the former hosts of the BBC’s immensely popular car show Top Gear, are headed to Amazon. After Clarkson attacked a producer over a...
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A drastic drop in P & G's profit
The sales of the world's largest distributor of branded products, the US Procter & Gamble decreased by 9.2 percent to 17.79 billion USD in the second quarter, while the after-tax...
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Record passenger traffic at Ferihegy: the one millionth passenger was welcomed within a month
On 30 July Budapest Liszt Ferenc International Airport welcomed its one millionth passenger within a month. The Liszt Ferenc International Airport has never received so many passengers in one month....
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Go physical stores!
Several articles are focusing on the advantages of shopping the traditional way and stressing the importance of retaining competitiveness when online giants such as Amazon are entering the market of...
Read moreMondelez launches holographic displays
Mondelez and News America Marketing (USA) installed holographic displays in the units of three US retail chains. Holographic display is a high-definition image projection that creates the realistic illusion of...
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Magazine: We rewarded the best promotions
There were 27 entries in our magazine’s ‘Most successful promotion of the year’ competition. A jury of experts and consumers both evaluated works and 19 of them went home with...
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Nielsen: the companies spent 24 percent more on the TV advertising of foods
The companies spent 24 percent more 78.4 billion HUF on the TV advertising of food products in the first half on list price, without discounts – told the Nielsen Közönségmérés...
Read moreThe government to amend the food chain supervision fee
The regulation on food chain management fees will be amended in September. Currently, a consultation is taking place about the level of tax rates with the European Commission. There are...
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The Csányi-group requested a permission att he Competition Authority to the self-management of KITE
Three companies owned by Csányi Sándor requested for the approval of the Hungarian Competition Authority (GVH) to gain self-control over the KITE Mezőgazdasági Szolgáltató és Kereskedelmi Zrt. (KITE Agricultural Service...
Read moreThe GVH helps the small breweries in market acquisition
The Hungarian Competition Authority (GVH) required the three largest breweries in Hungary, by the end of 2017 to reduce the amount of their sold beer products by 20 percent exclusively...
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Russian embargo: Brussels extends the support measures
The European Commission will extend the scope of the measures, which seeks to ease the impact of the Russian import ban affect the fruit growers and the dairy industry –...
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